It just boggles my mind how anyone could fall for it!!
I mean just reading comments saying, im long, low was in etc just astonishing.
Even if this wasn't a dead cat bounce and the bottom was in, how could a single bounce after a 30% fall make anyone want to go long?
What about the criteria for the bottoming process being confirmed..? Wouldnt you wait for that before going long..
unbelievable stuff how some people trade
Weekend Charting and Chat, 14/15 March, page-34
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